3840 N 43RD Avenue 41, Phoenix, AZ 85031, Phoenix, 85031 - 2 bed, 2 bath
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Phoenix, AZ 85031
This Remodeled Modern Townhouse is a High-Potential Investment Opportunity, listed at $115,000—positioned well below the $128,320 Fair Market Value by 10%. This valuation gap provides $13,320 in Instant Equity. Boasting a Condition Rating of 2, the interior features high-quality updates including large-format tile flooring and contemporary bathroom vanities. Located near Glenn L. Downs Elementary and Maryvale High School, the unit offers a turnkey lifestyle in a central Phoenix location. This property is an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3840 N 43RD Avenue 41 Subject | $115,000* List Price | 2 | 2 | 980 | $131 | - |
A 4625 W THOMAS Road 48 Sold | $135,000 List Price | 2 | 1 | 891 | 0.9 mi | |
B 3840 N 43RD Avenue 16 Active | $129,999 List Price | 2 | 2 | 980 | $133 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the property was built in 1975, the interior has undergone an extensive recent renovation that brings it up to modern standards. The images show high-quality updates including new large-format tile flooring, a contemporary bathroom with a modern vanity and tiled shower surround, and updated light fixtures. The unit is in turnkey condition with virtually new components throughout the living spaces.
Priced at $115,000 for a 2-bedroom, 2-bathroom unit, this property represents a highly competitive entry point into the Phoenix real estate market.
The unit has been recently remodeled and updated, offering a modern interior that stands out among other listings in this price range.
Conveniently situated near 43rd Avenue and Indian School Road, the property provides easy access to local amenities and major transit corridors.
The monthly association fee of $370 is relatively high compared to the purchase price, which may affect the debt-to-income ratio for some buyers.
Built in 1975, the property may require more frequent maintenance or future capital improvements associated with older multi-family developments.
Check out this 2 bed 2 bath unit centrally located near 43rd ave & Indian School. Unit has been remodeled and updated in recent time. Not many units in this condition at this price on the market!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 38% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 980 | 1,159 | 31% |
| Lot Size | 477 | 612 | 15% |
| Price | $115.0K | $140.0K | 38% |
| Price per sq ft | $117 | $146 | 38% |
| Built year | 1975 | 1975 | 50% |
| HOA | $370 | $211 | 92% |
| Days on market | 36 | 2509 | 8% |
Mar 20, 2026
$115,000
Initial Listing